NEW YORK ( ETF Digest) -- There is currently an expanding list of 35 ETFs oriented to the Asia-Pacific market, whether in single country funds or with regional issues. The following analysis features a fair representation of regional ETFs available. We believe from these, investors may choose an appropriate ETF to satisfy the best index-based offerings individuals and financial advisors may utilize. It's important investors understand index weightings here more than perhaps in other sectors. Some are heavily weighted toward a single country like Australia or Japan. We prefer a better blend generally despite perhaps better trading and trending characteristics. For example, where an ETF is weighted heavily toward just one or two countries it might be better to deal with a single country fund rather than an undiversified regional issue. These might include EWA (Australia) or EWJ (Japan) when dealing with popular EPP or VPL.
ETFs are based on indices tied to well-known index providers including Russell, S&P, Barclays, MSCI, Dow Jones and so forth. Also included are some so-called "enhanced" indices that attempt to achieve better performance through more active management of the index. Where competitive issues exist and/or repetitive issues available at a fee cost saving we mention those as other choices. New issues are coming to market consistently (especially globally) and sometimes these issues will need to become more seasoned before they may be included at least in our listings. We feature a technical view of conditions from monthly chart views. Simplistically, we recommend longer-term investors stay on the right side of the 12-month simple moving average. When prices are above the moving average, stay long, and when below remain in cash or short. Some more interested in a fundamental approach may not care so much about technical issues preferring instead to buy when prices are perceived as low and sell for other reasons when high; but, this is not our approach. ETF Digest members receive added signals when markets become extended such as DeMark triggers to exit overbought/oversold conditions. For traders and investors wishing to hedge, leveraged and inverse issues are available to utilize from ProShares and Direxion and where available these are noted.